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Source: Reuters

Lebanon could have had oil tanker seized by Eurobond holders: minister

Reuters

BEIRUT  – Lebanon could have recently had an oil tanker seized by Eurobond holders because of its stinging debt crisis and the government was taking steps to avoid such risks in future, the energy minister said on Thursday.

Lebanon …

June 11, 2020 - 1:00 pm — Closing Bell Story‎, Commodity Pricing, Crude Oil News, Energy News, International
Source: Reuters

Venezuela’s PDVSA, in default, says total debt remained unchanged in 2019

Reuters

CARACAS – Venezuela’s state-run oil company PDVSA said its financial debt fell less than 0.1% in 2019 from the prior year to some $34.5 billion, though it remained in default on its bonds as sanctions freeze it out of …

January 27, 2020 - 1:00 pm — Closing Bell Story‎, Crude Oil News, Energy News, Exploration and Production (E&P), Finance, International
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